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Japan and Russia observe USA’s Bitcoin reserve strategy before deciding

Japan and Russia are holding off on creating Bitcoin reserves, opting to observe the USA’s initiatives. This decision is due to concerns over cryptocurrency volatility and lack of understanding, as detailed by both nations’ government representatives.

The USA’s potential Bitcoin reserve strategy could lead to significant debt reduction. This possibility has influenced global discussions, with Japan and Russia closely examining the implications. Such a move by the USA might prompt similar actions by other countries in the future.

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